Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-15-Speech-3-251-003"

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"en.20120215.18.3-251-003"2
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"Growth and employment are certainly very sensitive issues, especially for our young people, but the way in which the Commission has presented its proposal is frankly worrying. Our warning refers to the Commission’s plan to channel up to EUR 82 billion in uncommitted EU Structural Funds into schemes to create jobs for young people and to support small firms, which could undermine trust in the EU’s regional policy. In fact, the plan proposes to use funds in specific regional projects, but without the necessary involvement of the local authorities. We have here a proposal which creates the false impression that cohesion policy was performing poorly, while noting, on the other hand, that two thirds of regional policy funding has already been used or legally committed. While supporting initiatives to increase the take-up of funds, help small firms and fight youth unemployment, it is right to wonder how the Commission’s approach could be improved: according to it, up to EUR 22 billion of allocations from the European Social Fund (a third of its budget for the 2007-2013 period) and up to EUR 60 billion in regional and cohesion funds have not yet been committed to specific projects."@en1

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